Red Rock Resources - Re: RRR Stream Log - now here is the last...

now here is the last filing Kansai has made on SEDAR...see the date: FOR IMMEDIATE RELEASE RAB Special Situations (Master) Fund Limited Disposes of Shares in Kansai Mining Corporation London, United Kingdom – December 12, 2011 – RAB Special Situations (Master) Fund Limited (the “Filer”) announces that on September 29, 2011, it disposed of 29,629,000 common shares (“Shares”) of Kansai Mining Corporation (the “ Issuer”), a British Columbia based mining and exploration company. The Shares represented approximately 28.80% of the outstanding Shares of the Issuer. Immediately after the disposition, and as of the date hereof, the Filer had ownership of and control over no Shares of the Issuer. The Filer disposed of the Shares pursuant to an option agreement dated December 7, 2009 between the Filer and Red Rock Resources plc (“RRR”), whereby the Filer sold an option (the “Option”) to purchase the Shares to RRR subject to certain conditions. At that time, the Shares were subject to cease trade orders (“CTOs”) issued by the Alberta Securities Commission (“ASC”) and the British Columbia Securities Commission (“BCSC”). On February 18, 2011 and March 10, 2011 the BCSC and ASC, respectively, issued partial revocations (amendments) to the CTOs to permit the transfer of the Shares pursuant to the Option. Other than the partial revocations, the CTOs remain in effect as of the date of this press release. Notwithstanding the partial revocations of the CTOs, the transfer of the Shares was not effected by the Filer’s Canadian custodian of securities (which held the Shares in trust for the Filer) until September 29, 2011. As a result, the Filer continued to hold the Shares until September 29, 2011, when the custodian transferred the Shares. The Filer disposed of the Shares for investment purposes only and not with the purpose of influencing the control or direction of the Issuer. The Filer may in the future, subject to market conditions, make additional investments in or dispositions of the Issuer’s securities. The Filer is located at P.O. Box 309 Ugland House, George Town Grand Cayman, KY1-1104 Cayman Islands, British West Indies. For further information please contact Simon Gwyther at +44 (0)20 7389 7000 or fax +44 (0)20 7389 0990.